Zero-Sum Game

Content

Definition

In negotiation or competition, a zero-sum game means one party`s gain is exactly balanced by another`s loss, underlining business and fundraising`s competitive aspects.

Usage and Context

A zero-sum game is a situation where one party`s gain is matched by another`s loss, common in competitive business settings.

Frequently asked questions

  • What is the zero-sum game in negotiation? A zero-sum game in negotiation is a situation where one party`s gain is exactly balanced by another party`s loss, with no net benefit.
  • What is the meaning of zero-sum game? A zero-sum game is when one person`s gain is matched by another person`s loss, so there’s no overall change in wealth or benefits.
  • What is zero-sum competition strategy? Zero-sum competition strategy means one party`s gain is balanced by another`s loss, so any advantage gained by one competitor results in an equivalent disadvantage to another.

Related Software

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Benefits

A zero-sum game shows situations where one party`s gain matches another`s loss, common in competitive markets.

Conclusion

A zero-sum game shows situations where one party`s gain offsets another`s loss, common in competitive markets.

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